Red Hat acquires CoresOS to help customers build, run and manage containerised applications
In a major move, Red Hat has announced its acquisition of the containerisation company,
CoreOS. This US$ 250 million deal is expected to bring momentum to a Googlecreated technology, called Kubernetes, used by companies to manage software running in data centres and in the cloud.
CoreOS was built to commercialise an open source product by the same name. Container technology is a key part of Kubernetes. In a public statement, a source from Red Hat said, “By combining CoreOS’s complementary capabilities with Red Hat’s already broad Kubernetes and container-based portfolio, including Red Hat OpenShift, we at Red Hat aim to further accelerate adoption and development of the industry’s leading hybrid cloud platform for modern application workloads.”
CoreOS has 130 employees, who are joining Red Hat, and has raised US$ 50 million, according to CrunchBase—the bulk of which is from Alphabet’s venture arm GV, formerly known as Google Ventures.
“The next era of technology is being driven by container based applications that span multi- and hybrid cloud environments, including physical, virtual, private cloud and public cloud platforms. We believe this acquisition cements Red Hat as a cornerstone of hybrid cloud and modern app deployments,” said Paul Cormier, president, products and technologies, Red Hat.